Beverage start-up Jimmy’s Cocktails has raised Rs 14 crore in a bridge round led by Roots Ventures.
7Square Ventures and several startup founders via an AngelList led by Vishesh Khurana, Co-founder Ship Rocket and Varun Alagh, Co- founder Mama Earth also invested in this round. Existing investors Keki Mistry, Vice chairman and CEO, HDFC Ltd; Vidur Talwar, Chairman and T Motors; Anirudh Somani, VP CLSA also participated in
The Gurugram-based startup plans to use the funds to expand its geographical footprint both in India and International markets, invest in brand awareness and launch new SKUs.
Founded by Ankur Bhatia and Nitin Bhardwaj in 2019, Jimmy’s Cocktails manufactures and sells low-calorie, non-alcoholic spirits mixers.
The two-year-old startup claims to have served over six million cocktails in 2022.